FX:GBPAUD   British Pound / Australian Dollar

On the GBPAUD pair I noticed another Symmetrical Triangle pattern and a break through. I thought i would be late to enter the trade however it retested the previous support which is now the most recent Reistance at around 1.94348
My TP is place 36 pips above the support level of 1.9200 (1.92360)
SL is placed just above the resistance level at (1.94715)

Reason i enter this trade is because once again i see that the market is in a Downtrend and I saw a breakthrough on the Symmetrical Triangle Pattern .


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